It turns out that there is much less value than there has been fictitious value.
When the fictitious value of two consecutive branches changes from a positive to a negative value, this is interpreted as if the fault is located on the intermediate line section.
to ruinous interest charges at the hands of men who control the fictitious value of gold.
Unlike gold (or cattle), it has only a “fictitious value,” but no intrinsic value.
Labour has given way before credit; real value vanishes before fictitious value, production before speculation [agiotage].
For that purpose, a switching current substitute value is at first determined and the power loss is calculated therefrom.
It is this capitalization, and the value in market prices which he attributes to his devalued fixed capital, which represents a ficticious value.
It is this capitalization, and the value in market prices which he attributes to his devalued fixed capital, which represents a ficticious value.
One saw no more than bankruptcy on bankruptcy; and people learnt that it is not the same with papers, which only have a pretended value, as it is with gold and silver, which have a real value.
One saw no more than bankruptcy on bankruptcy; and people learnt that it is not the same with papers, which only have a pretended value, as it is with gold and silver, which have a real value...
One saw no more than bankruptcy on bankruptcy; and people learnt that it is not the same with papers, which only have a pretended value, as it is with gold and silver, which have a real value…
Third, net government assets (i.e., the value of public capital, qS, minus sovereign debt) are not predetermined, because the shadow value of public capital jumps on impact from 2.36 to 3.19.
In his book bubble.com, Marks points this out, highlighting the inherent pitfalls in e-commerce technology that delves into the territory of fictitious value.
Emblazoned copper ingots, a kind of money on which the fictive value of an immense fortune is sometimes placed, are broken or thrown into the sea.
Because high “returns on investments” are waited for, shareholders even buy massively their own shares to increase what is deeply “fictitious value” - without real investment policies.
All debtors made haste to settle the claims against them, and creditors, forced to receive a fictitious form of money, got only a fourth, or a fifth, or a sixth part of what was due them.
Whoever uses paper as money and in the process assigns a fictitious value (regardless of how small the value assigned) to the piece of paper, is attempting to create wealth out of nothing.
The guts of the problem was clinging to fictitious "money" values, rather than the physical wealth associated with increasing the productive power of labor.
It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold.
It is a terrible situation when the government, to insure the national wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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